WorldWide Filter Bags Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 - 2025 (Includes Business Impact of COVID-19)

  • TBI573973
  • September 09, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Filter Bags Market

Industry / Sector Trends

Filter Bags Market size was over USD 2.5 billion in 2017 and industry expects demand of above 750 million units by 2024.   U.S. Filter Bags Market Size, Application, 2017 & 2024, (Million Units)   Filter bags are utilized for capturing airborne dust from several industrial sources including cement, metals, chemicals and pharmaceuticals. Size of such particles may be equal to or less than 10 micro meters. These fine particles can enter a human body by skin absorption, inhalation or ingestion and cause serious health issues including lung diseases and cough. Rising pollution levels will foster product utilization, thus propelling filter bags market growth.   Pulse jet filter bags owing to its wood dust separation quality is extensively used in wood working industry. It is used in dryers and boilers for manufacturing wood products. Suspended wood dust in atmosphere may cause eye irritation and allergies in human beings. Global wood furniture industry is expected to grow at 5% during the predicted timeframe. This will increase wood working operations which will fortify market size.   Suspended dust particles and rising greenhouse gas emissions in the environment is a major cause for lung diseases. Global HVAC system industry is expected to surpass USD 250 billion by 2023. The product is utilized in HVAC installations in industries in order to collect dust particles efficiently. This will boost filter bags market size.   Filter bags including reverse air and pulse jet are utilized for dryers and boilers in dairies. The product’s fine particles and dust holding properties are used for dairy products manufacturing. Increasing fermented dairy products demand due to its health benefits will stimulate product utilization in dairies increasing filter bag market growth.   The product’s fabric lifespan can be reduced if it is used at elevated temperatures for very long duration. Tarry adhesives might clog the product’s fabric leading to decreased efficiency. Other challenges include stepping on bags while installation. These factors may hamper filter bags price trend.  

Market Segmentation, Outlook & Regional Insights: Filter Bags Market

Filter Bags Market, By Type Reverse air type segment may exceed USD 1 billion in the estimated timeline. The product has the ability for cleaning gases at high temperatures and high flow rates. These properties make it acceptable for several industrial applications including cement and metal sectors, hence stimulating market growth.   Filter bags market size from shaker type may witness substantial gains up to 4.5% by 2024. In shaker bags dust is collected inside the bag. The product is utilized in food and beverage industry due to its dust separating capacity. Rising demand of food products owing to rising population will foster product demand.   Filter Bags Market, By Material Acrylic fiber filter bags market size is predicted to surpass USD 650 million in the estimated time span. The product is utilized in manufacturing non-ferrous and ferrous metals owing to its exceptional hydrolytic resistance up to limited temperature range, thus increasing market profitability.   Nomex material segment may witness significant gains up to 4% in the predicted timeline. The product shrinks less at high temperatures up to 1770 Celsius. It finds applications in cement industry where it is utilized for alkali bypass and material handling processes. These factors will boost product demand.   Filter Bags Industry, By Media Filter bags market size from non-woven media is predicted to exceed USD 2 billion in the estimated timeframe. Non-woven filter bag is available in different sizes and shapes. The product is durable and efficient and can be modified to be used in toxic environment. It has applications in tyres industry for banbury mixtures and boilers. Growing automotive sales will increase tyre utilization, thus fortifying product demand.   Filter Bags Industry, By Application Filter bags market size from cement application may witness significant gains over 5.5% by 2024.  The product is utilized for clinker cooler, reactor exhaust, coal & cement mill owing to its fine particulate capturing property. Global cement market is estimated to grow at 7.8% during the estimated period. These factors will positively effect product demand.   Metal application is expected to surpass USD 515 million in the estimated time span. The product has good resistance against acids. It has high tensile strength, hence, is used for furnace, ovens, boilers, and stock house in aluminium and steel industries. Increasing R&D activities and technological advancements in metal industry will foster product demand.   Filter Bags Industry, By Region Asia Pacific led by India, South Korea, China and Japan filter bags market size is predicted to grow up to 5.5% in the estimated timeline. The product has its applications in power generation application due to its utilization in material handling processes. Growing urbanization and rising standard of living of people in the region will fortify power consumption, hence stimulating market growth.   Europe driven by Italy, France, UK and Germany market may exceed USD 860 million by 2024. Teflon bags are used in healthcare market due to its nil moisture absorption and chemical resistance properties. Rising awareness for chronic diseases including cancer and viral infections will increase product demand.   Brazil filter bags market size may witness substantial gains in the forecasted timeframe owing to rising oil and gas operations. The product is used in coke oven and coal preparation in steel manufacturing industry. Steel is utilized for heat exchangers, structural components, and flowlines in oil & gas industry. Increasing number of probable gas reserves in the region will boost market growth.  

Key Players, Recent Developments & Sector Viewpoints: Filter Bags Market

Global filter bag market share is fragmented with major industry players including 3M, MANN+HUMMEL, AAF, Parker-Hannifin Corporation, Donaldson, Camfil, Koch Filter, and Freudenberg.   Companies are involved in strategic alliances including mergers & acquisitions, joint ventures, partnership, and capacity expansion to implement innovative technologies with growth in production capacity to cater rising filter bag demand. In May 2017, Freudenberg Filtration Technologies SE & Co. KG started the construction of its new manufacturing plant in India. With this, the company expects to increase its sales of filter bags in the Indian market and expand its presence in the Asia Pacific region, thereby increasing market profitability.   Filter Bags Industry Viewpoint   Filter bags are utilized where the particles are extremely fine. Bag type fabric filter is also known as baghouse. These collect fine particles having diameter ranging from submicron to hundred microns. The product can be modified as per FDA regulations which makes it suitable in food industry for carbon black removal proce

Key Insights Covered: Exhaustive Filter Bags Market

1. Market size (sales, revenue and growth rate) of Filter Bags industry. 2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Filter Bags industry. 3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Filter Bags industry. 4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Filter Bags industry.

Research Methodology: Filter Bags Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

1 Report Overview
    1.1 Research Scope
    1.2 Major Manufacturers Covered in This Report
    1.3 Market Segment by Type
        1.3.1 Global Filter Bags Market Size Growth Rate by Type (2019-2025)
    1.4 Market Segment by Application
        1.4.1 Global Filter Bags Market Share by Application (2019-2025)
    1.5 Study Objectives
    1.6 Years Considered

2 Global Growth Trends
    2.1 Production and Capacity Analysis
        2.1.1 Global Filter Bags Production Value 2014-2025
        2.1.2 Global Filter Bags Production 2014-2025
        2.1.3 Global Filter Bags Capacity 2014-2025
        2.1.4 Global Filter Bags Marketing Pricing and Trends
    2.2 Key Producers Growth Rate (CAGR) 2019-2025
        2.2.1 Global Filter Bags Market Size CAGR of Key Regions
        2.2.2 Global Filter Bags Market Share of Key Regions
2.3 Industry Trends
        2.3.1 Market Top Trends
        2.3.2 Market Drivers

3 Market Share by Manufacturers
    3.1 Capacity and Production by Manufacturers
        3.1.1 Global Filter Bags Capacity by Manufacturers
        3.1.2 Global Filter Bags Production by Manufacturers
    3.2 Revenue by Manufacturers
        3.2.1 Filter Bags Revenue by Manufacturers (2014-2019)
        3.2.2 Filter Bags Revenue Share by Manufacturers (2014-2019)
        3.2.3 Global Filter Bags Concentration Ratio
    3.3 Filter Bags Price by Manufacturers
    3.4 Key Manufacturers Filter Bags Plants/Factories Distribution and Area Served
    3.5 Date of Key Manufacturers Enter into Filter Bags Market
    3.6 Key Manufacturers Filter Bags Product Offered
    3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
    4.1 Production and Production Value for Each Type
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